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Re: Rite Aid board approves reverse Stock Split to avoid NYSE Delisiting...........Hardly ever works............... 

By: micro in POPE 5 | Recommend this post (2)
Fri, 12 Apr 19 2:35 PM | 46 view(s)
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Msg. 30041 of 62138
(This msg. is a reply to 30028 by capt_nemo)

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THAT is what is known as the beginning of a Death Spiral.

Watched it happen too manytimes. There isn't anything propping up the revenues at Rite Aid. This stock and company is going to go bye bye sooner or later... Just postponing the inevitable..




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The above is a reply to the following message:
Rite Aid board approves reverse Stock Split to avoid NYSE Delisiting...........Hardly ever works...............
By: capt_nemo
in POPE 5
Fri, 12 Apr 19 4:38 AM
Msg. 30028 of 62138

http://www.forbes.com/sites/brucejapsen/2019/04/10/rite-aid-board-approves-reverse-stock-split-to-avoid-nyse-delisting/


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